Midday update for Gold 16-06-2021
Economies.com
2021-06-16 09:37AM UTC
Gold price fluctuates at 1860.00 and keeps its stability below until now, to keep the bearish trend scenario valid and active for today, reminding you that our next main target is located at 1825.15, noting that breaching 1860.00 and holding above it will lead the price to start recovery attempts that target testing 1888.00 areas initially.
The expected trading range for today is between 1835.00 support and 1870.00 resistance.
The expected trend for today: Bearish
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